Trump's 50% Tariff on Amazon Sparks Fears of Retail UpheavalTrump's 50% Tariff on Amazon Sparks Fears of Retail Upheaval
TikTok Shop US Mid-Year Sale Posts Stellar First-Week Results: Multi-Modes and Categories ThriveTikTok Shop US Mid-Year Sale Posts Stellar First-Week Results: Multi-Modes and Categories Thrive
U.S. Launches Section 301 Investigation Against BrazilU.S. Launches Section 301 Investigation Against Brazil
Singapore Leads Globally in Cross-Border Shopping Penetration with Strong Consumer VigorSingapore Leads Globally in Cross-Border Shopping Penetration with Strong Consumer Vigor
Unprecedented Layoffs in the US Healthcare System: A Double-Edged SwordUnprecedented Layoffs in the US Healthcare System: A Double-Edged SwordOn April 1, 2025, April Fool's Day, a chill with the smell of rust lingered in the morning fog of Washington. In front of the glass curtain wall of the US Department of Health and Human Services (HHS), thousands of employees lined up in a long queue, each holding a cardboard box. The dismissal notice emails shone with a blinding light, slicing open the first wound in the global public health system like a sharp blade.
FDA Severely Hit, Pharmaceutical Company Stocks PlummetFDA Severely Hit, Pharmaceutical Company Stocks PlummetThe Trump administration has launched a large-scale layoff initiative, severely impacting US public health institutions, with the Food and Drug Administration (FDA) bearing the brunt. Current and former employees have issued warnings that this move may have far-reaching consequences for the US pharmaceutical industry and the public health regulatory system.
Gold Market Oscillates Downward, Economic Data WeighsGold Market Oscillates Downward, Economic Data WeighsTuesday saw an oscillatory downward trend in the international gold market. The price hit a high of 3348 during the session and plunged to a key support level of 3300. The trading day featured a typical pattern of surging and then falling. In the Asian session, the price reached the day's high of 3348 at the opening and then quickly dropped to around 3306. During the European session, it fluctuated within the range of 3324−3300.
US Jobless Claims Surge, Raising Concerns about Labor MarketUS Jobless Claims Surge, Raising Concerns about Labor MarketThe number of Americans filing for initial unemployment benefits rose by 18,000 to 241,000 in the week ended April 26, according to the data released by the Labor Department on Thursday. This figure exceeded the median forecast of 223,000 by economists surveyed by Bloomberg. Meanwhile, the number of people continuing to claim unemployment benefits rose to 1.92 million in the week ended April 19, the highest since 2021 and also beyond economists' expectations.
